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plz some help!! Blue Bell General Partnership Book-Tax Reconciliation For Year Ended December 31st Destription Sales Cost of goods sold Gross profit Other income: Interest

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Blue Bell General Partnership Book-Tax Reconciliation For Year Ended December 31st Destription Sales Cost of goods sold Gross profit Other income: Interest income (muni bonds) Long-term capital gains Section 1231 gains Gross income Expensest Operatirs expenses Guaranteed p, ot Charitable con. Aiom Total Expenses Net income Dook income 3(9,700) Other Schedule K into (tines 14.20k Not seif-employment earninc/loss) Tax exempt income Section 199A (qai) income/low) Comprehensive Problem 20-80 (LO 20-1, LO 20-2, LO 20-3, LO 20-4, LO 20-5, LO 20-6) (Static) [The following information applies to the questions displayed below.] Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current year. Aaron and Deanne each contributed $110,000 and Keon transferred an acre of undeveloped land to the partnership. The land had tax basis of $70,000 and was appraised at $180,000. The land was also encumbered with a $70,000 nonrecourse mortgage for which no one was personally liable. All three partners agreed to split profits and losses equally. At the end the first year, Blue Bell made a $7,000 principal payment on the mortgage. For the first year of operations, the partnerst records disclosed the following information

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